Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I did a quick 'back of the envelope' calculation.
Gbp 9 billion is 40 percent of the current market cap. Dividing by 3 years gives an average of 13 percent, or 20p per annum.
Assuming that is split 50/50 between dividends and share buybacks (5 percent of market cap), that gives a 10p dividend (6.75 percent).
Not a massive jump from the current yield. And factored in already by the teenage scribblers.
Don't book that cruise yet.
Chav.
"Keep up"??? Be careful about incivility with me Mr.46 posts, despite your obviously low class upbringing. I can take you apart word by word.
"How to make friends and influence people". Read it.
Christofer, sorry to jump in on your lovefest, but to be fair to Denby (I haven't followed his earlier posts so I can't comment on those) the price did drop to 14.02 at one point (I think around 9.30 a.m)
Excellently said, NN. I'm in 100% agreement. They always come up with (so-called "clever") explanations as to why something happened with this absolute garbage. After the event, Never before.
They are just revealed to be amateurs, time and again. Fundementals rule. This gobbledygook - designed to make them look clever - if BS.
This woman is a lightweight. It was obvious from her first Analyst presentation. All smiles no substance. Like that other woman who'll end up as your Baldy's Queen in Buck House in due course.
Smiles (forced) too much at the end of each answer.
Whadda load of Bullocks.
Thank you for your responses. Cover of 1.7 - 1.8 is pretty good, but the last update stating things were bad with advertising made me wonder. Of course if the Management changes then usually the new broom takes the opportunity to start with a clean slate on that front.
In calculating our dividend income for next year I'm taking two numbers. One with no cuts, and another with a complete cut of ITV and the Housebuilders. Either figure is sufficient for our needs.
Instead of this political loveathon between left and right, does anyone have any thoughts if the divi is under threat next year? Have the (so-called) managers given any hints on this? "Asking for a friend".
Absolutely hilarious. The idea that a massive Bank will risk its reputation on a piddly little British Company. Have you not heard of Chinese Walls between Analysts and Traders? Clearly you have no idea about Ban... oh look, I see a Goblin riding a Unicorn at the bottom of my garden. Must go...
Up 8%. Boiiinnnnngggg... :-)
Oh dear dear dear Register.... you're wise not to read any PHNX updates after today's update.
Don't worry, It's dead easy to get behind that right wing rag's paywall. without parting with a penny. I do it just to head straight down to the Bitterati bar.king do.g comments. Love to read the ra.bid frothing that goes on on a daily and predictable basis...
Pandemonia, go for them all. Diversify. My Portfolios give me an 8% (tax-free as things stand) ISA income of six figures per annum.
As you say, pretty much locked in (some uncertainty about Housebuilding divis in the short term) with masses of price appreciation potential in store.
Steve, if I had to pick the one stock if I was given only one choice, it would be LGEN. It's got a great record of progressive dividends. The Insurers paid out even during Lockdown. (I've been in and out of Aviva when I thought it offered better value than Lgen) profitably. It's pretty rock solid financially (the Regulators would have it no other way), and will benefit from the Pensions knee trembler in that short lived Truss/Kwarteng regime.
He's brilliant and was spot on, but the previous two (Boris/Rishi) had emptied the Treasury with their Lockdown payments, and the UK Bond markets took it badly.
Lgen and Phnx are in my Portfolios. MNG offers a good yield, but (bar a takeover) will fight the passive investment tide over time.
Register, you sound like a complete novice to me. You asked a question "Not sure where the value is there?". I tried to give you the courtesy of a reasoned reply.
"Just looked at PHNX" to you obviously means looking at the P/bv on Yahoo. If you choose not to educate yourself by being "not interested in reading any updates". That's your loss, I frankly couldn't give a monkeys either way.
You've clearly got no clue, and I'd say, not a lot of cash anyway, if you hold only one stock.
Ok Register, if you go for the "cigaerette end" approach.
Both PHNX and LGEN (yielding almost 9%) are going to benefit strongly from the de-risking currently going on with Pension Fund Trustees wanting to offload the risk on their books. Ironically as a result of the dislocation in the Bond markets after the Kwarteng episode, due to LGEN products.
Please read the last update from PHNX. Cash flows doubled.
Agree entirely on PSN, CRST and PHNX. Buy and hold. The FTSE is st.uff.ed with shares that are on low single didgit P/Es and almost double digit Dividends.
If we're not in now, we'll kick ourselves as we did after 2008. As always with the Property market, any cooling is temporary. These levels of inerest rates will be accepted and new buyers will move in. It's healthy that people should have their interest rate expectations modified.
My daughter and son-in-law - no chain buyers - were outbid recently in London, where the buyer paid over the asking price.
Ye right. Big player. Ten sub-continent origin employees.
I started, just to amuse myself, to read your letter. But stopped immediately when you mentioned the phrase. "Ponzi scheme", needing new Investor's funds.
You do know the difference between Investment Trusts (where you have buyers and sellers in a closed Trust) and Unit Trusts (which are open ended), don't you?